D. - $489 billion.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 12SCQ: If a country is running a government budget surplus, why is (T - G) on the left side of the...
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Suppose that national saving is $1456 billion, investment is $1945 billion, and private saving is $1590 billion. How
much is the current account balance?
A. $221 billion.
B. - $221 billion.
C. $489 billion.
D. - $489 billion.
Transcribed Image Text:Suppose that national saving is $1456 billion, investment is $1945 billion, and private saving is $1590 billion. How much is the current account balance? A. $221 billion. B. - $221 billion. C. $489 billion. D. - $489 billion.
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